Abilities India Pistons & Rings Ltd (Abilities India) has achieved a significant milestone by securing a patent for its ground-breaking coating technology applied to pistons and cylinders. This innovative coating is poised to revolutionise the engine components landscape by reducing friction, wear, emissions, and fuel consumption by an impressive 2-3%.
Differentiating itself from conventional electro-plating processes, Abilities India's patented coating technology ensures a uniform thickness (3-100+ microns) across components of varying sizes and shapes. Particularly advantageous for alternative fuels such as ethanol blends and biofuels, the coating showcases outstanding corrosion resistance and improved thermal properties, addressing challenges associated with high-temperature ignition of hydrogen fuel.
As a result of this ground-breaking technology, Abilities India anticipates substantial revenue growth of 15%-20%, with a projected 4%-5% in the current financial year and a top-line growth of 25%-30% in the foreseeable future. The company's commitment to research and development has earned it the prestigious CII TOP 50 Companies Industrial Innovation Award 2023, recognising its strategic dedication to achieving manufacturing excellence and fostering innovation.
Sunil Arora, Chairman and MD of Abilities India Pistons & Rings Ltd, commented on the achievement, stating, 'This patent symbolises our steadfast commitment to fostering substantial growth within the realm of sustainable mobility. With this innovative coating technology, we are actively shaping the future of automotive technology and reinforcing our position as pioneers in sustainable and efficient solutions for the global automotive landscape.'
The company has already witnessed early adoption of its patented technology, with a leading Japanese 2-wheeler OEM commencing the start of production. The coated products are gaining global traction, attracting interest from customers in India and overseas. Abilities India is scaling up production to meet the growing demand for coated pistons and cylinders, entering the mass production phase and supplying advanced components to both Indian and overseas OEMs. The company remains dedicated to R&D, continually exploring additives to enhance coating properties, ensuring broader applications and continuous innovation in the automotive industry.
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